Bharat Electronics Ltd's Q3FY25 Quarter Results
- 31 Jan 2025
Result Summary
- Bharat Electronics Ltd reported a 25.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 37.6%.
- Its expenses for the quarter were up by 27.0% QoQ and 31.8% YoY.
- The net profit increased 20.0% QoQ and increased 52.5% YoY.
- The earnings per share (EPS) of Bharat Electronics Ltd stood at 1.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 5957.07 | 4762.66 | 4329.58 | 25.1% | 37.6% |
Total Expenses | 4213.45 | 3317.46 | 3197.63 | 27.0% | 31.8% |
Profit Before Tax | 1743.62 | 1445.20 | 1131.95 | 20.6% | 54.0% |
Tax | 442.35 | 361.32 | 283.83 | 22.4% | 55.9% |
Profit After Tax | 1311.60 | 1092.78 | 860.26 | 20.0% | 52.5% |
Earnings Per Share | 1.80 | 1.50 | 1.20 | 20.0% | 50.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Bharat Electronics Ltd is a prominent Indian public sector undertaking under the Ministry of Defence. It primarily operates in the aerospace and defense industry, manufacturing electronic equipment and systems for the defense sector. The company is well-known for its products such as radar systems, communication equipment, and electronic voting machines, among others. It is a key player in supporting India's defense infrastructure through indigenous production and technology innovation. No recent major developments are available from the data provided.
Revenue
For the third quarter of FY25, Bharat Electronics Ltd reported a total income of ₹5957.07 crores, marking a significant increase from both the preceding quarter (Q2FY25) and the same quarter in the previous year (Q3FY24). The quarter-over-quarter (QoQ) growth in total income is 25.1%, reflecting a substantial rise from ₹4762.66 crores in Q2FY25. Year-over-year (YoY), the total income grew by 37.6%, up from ₹4329.58 crores in Q3FY24. This growth trajectory indicates a robust enhancement in revenue generation over the periods compared.
Profitability
Bharat Electronics Ltd has demonstrated strong profitability metrics in Q3FY25. The profit before tax for this quarter is ₹1743.62 crores, showing a QoQ growth of 20.6% from ₹1445.20 crores in Q2FY25, and a YoY increase of 54.0% from ₹1131.95 crores in Q3FY24. The profit after tax stands at ₹1311.60 crores, which has risen by 20.0% QoQ from ₹1092.78 crores and by 52.5% YoY from ₹860.26 crores. Earnings per share (EPS) also increased to ₹1.80 in Q3FY25, growing by 20.0% QoQ from ₹1.50 and by 50.0% YoY from ₹1.20.
Operating Metrics
The operational performance of Bharat Electronics Ltd in Q3FY25 reflects a higher cost structure, with total expenses reaching ₹4213.45 crores. This represents a 27.0% QoQ increase from ₹3317.46 crores in Q2FY25 and a 31.8% YoY increase from ₹3197.63 crores in Q3FY24. Despite the rise in expenses, the company has managed to maintain a strong profit margin, as evidenced by the significant growth in both profit before and after tax. The consistent rise in both income and expenses suggests an expansion in operations.
